Message from @Green Syndicalism
Discord ID: 582809957838094337
but he still has the same amount of shares?
does not compute
no omfg
GG @Green Syndicalism, you just advanced to level 2!
okay let me make it clearer
say you hold 100 shares
and your net revenues are say $100
each share is worth about $1 in net revenue
if $100 was the mutualisation or nationalisation mark
we hand everyone in the company 1 share each, but each share is divided amongst the net profits *above the $100 in net revenue*
so the owner's shares are fundamentally worth a different amount to the newly issued shares
and they are left untouched
you know how in capitalism we have different classes of shares?
preference shares
class A shares
class B shares
similar concept
so your practice still doesent change anything. People have nothing to gain
no they do
the owner still gets 1 share of the new class
but regardless, the point is that beyond a certain business value, the business itself is more than just 1 person providing the bulk of the value
its about the workers to a larger degree
you do know that lower class stocks have no voting power?
yes
so the head of the company would still run it.
so?
that whole concept could just be trashed by 1 very simple idea
no dude
JUST BUY THE FUCKING STOCKS WHEN IT IPO-s
everybody already does it
when the shares are issued to the workers, they will get voting rights. now they can vote to keep the original owner in charge if theyre happy with his management
if theyre not happy
then fuck the cunt
and that leads to poor economics
no it doesnt
owners often have the difficult decision of firing people
i.e when recession comes
what leads to poor economics is when you constrict demand by ensuring wages dont go up
people dont like getting fired
so what will they do?